Oil Soars Past $102; Fuel Prices Seen Straining Economy
Crude oil rose to more than $102 barrel in early trading Wednesday, the first time it has topped that level, Bloomberg reported.
February 27, 2008Fleets Urge FMCSA to Keep 11th Hour, 34-Hour Restart
Several large trucking fleets have urged the Federal Motor Carrier Safety Administration to retain the 11th hour of driving and the 34-hour restart in its hours-of-service regulations, saying those provisions have improved highway safety and given drivers the flexibility to adjust to unexpected delays.
February 27, 2008Durable Goods Orders Fall 5.3%
Durable goods orders fell 5.3% in January, the Commerce Department said Wednesday.
February 27, 2008Consumer Confidence Falls in February
Consumer confidence declined in February, the New York-based Conference Board said Tuesday.
February 26, 2008Schenker Chairman Hagar Resigns
Hans-Jörg Hager, chairman of the board of Schenker Logistics, will step down from his position this year, the company said Tuesday.
February 26, 2008Diesel Jumps 15.6¢ to a Record $3.552 a Gallon
The national average price of diesel fuel jumped 15.6 cents to a record $3.552 a gallon, shattering the previous mark set three months ago by 10.8 cents, the Department of Energy said Monday.
February 26, 2008Producer Prices Rise 1% in January
Prices paid to U.S. producers dipped 1% in January, the Labor Department said Tuesday.
February 26, 2008DOT Seeks Rail Safety Improvements
The Department of Transportation said it is seeking to reduce common mistakes that result in nearly half of all human factor-caused train accidents.
February 25, 2008Qualcomm Upgrades OmniVision System to Include Roaming, In-Cab Processing
SAN DIEGO — Mobile communications provider Qualcomm Inc. unveiled a host of upgrades and additions for its flagship OmniVision platform here, in-cluding wireless data roaming capabilities, in-cab document processing and support for third-party collision-avoidance systems.
February 25, 2008TWIC Card Holds a Wealth of Information
The centerpiece of the Transportation Security Administration’s program to screen employees entering ports looks just like most access cards or identifications one would carry in his or her wallet.
February 25, 2008